Lots of people citing that FORM is trading below cash and ST investments. Has anyone noticed that in order to buoy cash, the co has just been essentially liquidating ST investments to offset negative earnings?? Until earnings can be righted, cash and ST investments will continue to decline, meaning floor under the stock will continue to drop. Feel free to comment if I'm missing something.

It'll out perform but only because it's been battered so badly. The management seems to have a turnaround plan in place, the question is it enough? Their quarterly revenue for cash break even is $55 million, which they've only achieved once in the last three years and their Q1 guidance is 40% below it. If Q2 and beyond strengthens to the point of cash flow breakeven, they have a shot. But longer term they are operating in a market that's over capacity and cyclical in nature.

With all the electronic products since Febuary and march is the time the companies get rid of there old product to make room for there new, the next 2 months will be them selling at a discount which = wait until april.

FORM's cash + short-term investments of $398 million (as of 6/30/10) are more than its current market capitalization of $385 million (@ $7.59/share). Zero debt. Pick of the Buffalo Small Cap (BUFSX) and Royce Value Plus (RYVPX) funds. I see limited downside in the near-term and out-performance over the next several years.

This stock has been an embarassment to the Fool. It was hyped up here when the stock was north of $40. Now it is south of $7 ... still with 5 stars CAPS rating no less. Yeah they are sitting on some cash ... they seem to think it is meant to be burnt by sub-par operations performance, I guess. I dropped out at $9 ...